fha: Is An FHA Mortgage Better Than A Conforming Mortgage?
- 07/26/11 05:13 AM
Many think that an FHA mortgage is, by definition, better than a conforming mortgage. The correct answer is, "it depends." This brief blog post contains the vital information you need to make a decision if faced with choosing one or the other.
Is An FHA Mortgage Better Than A Conforming One? The FHA is insuring a greater percentage of loans than during any time in recent history. In 2006, it insured roughly 5 percent of the purchase mortgage market. Today, it insures one-quarter. ”Going FHA” is more common than ever before — but is it better? The answer — like most things … (0 comments)
Many think that an FHA mortgage is, by definition, better than a conforming mortgage. The correct answer is, "it depends." This brief blog post contains the vital information you need to make a decision if faced with choosing one or the other.
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